224 Mitchell Street, Port Colborne, ON L3K 1Y3
Port Colborne
Excellent opportunity to acquire a multi-property residential investment portfolio in the growing community of Port Colborne. The offering includes three separate buildings located at 220 Mitchell St., 224 Mitchell St., and 59 Louis St., currently generating rental income from existing tenants. 220 Mitchell Street: Two tenants generating $2,500 in combined monthly rental income. 224 Mitchell Street: Currently configured with three renovated and tenanted main floor one-bedroom units plus an unfinished upstairs area. 59 Louis Street: Two dwelling units with attached garage. One unit currently generating $700 per month and one unit currently vacant. The property also features a detached garage and additional storage shed. Current combined gross monthly rental income from occupied units is $6,850. Major capital improvements across the portfolio include roof replacements (2015), updated windows, exterior siding, soffits, eavestroughs, and plumbing upgrades. Conveniently located close to amenities, parks, and the historic Welland Canal corridor.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 224 Mitchell Street, Port Colborne, ON L3K 1Y3
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MLS# X12887386
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
On market since Mar 16, 2026
224 Mitchell Street, Port Colborne, ON L3K 1Y3 is listed for $664,900 CAD.
224 Mitchell Street, Port Colborne, ON L3K 1Y3 has 11 bedrooms and 7 bathrooms.
224 Mitchell Street, Port Colborne, ON L3K 1Y3 is a Multiplex.
224 Mitchell Street, Port Colborne, ON L3K 1Y3 is in Port Colborne, Ontario.
224 Mitchell Street, Port Colborne, ON L3K 1Y3 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 224 Mitchell Street, Port Colborne, ON L3K 1Y3 (MLS# X12887386). You can also send a message through the contact form on this site.
